SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC cut its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.2% during the third quarter, HoldingsChannel.com reports. The firm owned 2,087 shares of the exchange traded fund’s stock after selling 346 shares during the period. Centennial Wealth Advisory LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $204,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ocean Park Asset Management LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after buying an additional 19,504 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 25.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock worth $259,047,000 after buying an additional 550,840 shares during the last quarter. Jane Street Group LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% in the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock worth $242,307,000 after buying an additional 1,758,741 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in SPDR Bloomberg High Yield Bond ETF by 11.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock valued at $114,153,000 after acquiring an additional 125,140 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $96.44 on Thursday. The firm has a 50-day moving average price of $96.83 and a two-hundred day moving average price of $95.45. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.22 and a twelve month high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.